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Nov 13, 2012
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that all happened this day in 1979 when former california governor ronald reagan announced his third bid for the presidency and for the republican nomination and, of course, that one was successful. >>> the scandal continues to grow around david tpetraeus as his successor general john allen is now linked to the controversy or at least linked to some of the players. let's bring in our panel, political director for the grio.com, and columnist with bloomberg view, and stephanie is the president of emily's list and i also have james from the national journal who is out with a brand-new piece on this entire episode. so, james, i want to start with you because i thought this was a very striking -- you sort of write about -- trying to write about this from 30,000 feet, the impact on national security. this is what you write, no one is condoning what petraeus did, but there are a lot of self-righteous people holding him to a standard that not many people could meet without considering what he sacrificed because of the years of separation from his spouse and family, said one army general. the
that all happened this day in 1979 when former california governor ronald reagan announced his third bid for the presidency and for the republican nomination and, of course, that one was successful. >>> the scandal continues to grow around david tpetraeus as his successor general john allen is now linked to the controversy or at least linked to some of the players. let's bring in our panel, political director for the grio.com, and columnist with bloomberg view, and stephanie is the...
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Nov 15, 2012
11/12
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KRCB
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i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a dficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill and a supportive president, and democrats and republicans. i don't see any of those ingredients today to do tax reform in 2013, 2014. >> especially ifhe esident going to have a new treasury secretary. itim geithner, this has sort of been his-- tim geithner wanted to be behind tax reform, wanted to be the force behind corporate tax reform. that might speak to tim geithner staying on a little long fer they think they can get something done in the first six months. >> why is anything different now? why is anything different in the second term? >> good point. >> i'll turn the hosting to you. >> mart
i thought ronald reagan had a fairly successful second term and bill clinton's was marred by his own personal issues. second trerms difficult. w. had a dficult time. one of the things i think they underestimate at the white house and the treasury is the idea of doing tax reform. when you both were probably in preschool, i was covering the '85, '86, tax reform act, and to call it heavy lifting is an understatement. it took a savvy, smart treasury secretary, jim baker, working with capitol hill...
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Nov 14, 2012
11/12
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so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist, like environmentalism, which was a teddy roosevelt thing which even richard nixon was in favor of. >> john mccain. >> newt gingrich. >> these things have been now reclassed as liberal, right. the victories that the president has a chance to get which are historic, like on climate change, on immigration, are now progressive ideas because they've been left behind. >> it's now almost up to the republican party to grab a piece of that pie to say this is our victory too when in reality if they had done it earlier -- >> let's don't get in debate about th
so eisenhower, fdr, ronald reagan and barack obama. i think the idea that barack obama does not have a historic mandate when 44 men have been president and seven did what he did in two terms, he got 69 million votes the first time, 62 million votes the second time, i think he has a mandate. the things to be done that are great in this election happened to fall on the progressive side, in part because the republican party and conservatism has gone so far right things that used to be centrist,...
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Nov 17, 2012
11/12
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WMPT
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it wasn't terribly long ago that ronald reagan won 49 states. that's a mandate. it's unthinkable that any candidate can win anywhere close to that. obama won a pretty impressive victory even without a serious third party candidate, he did not get 51% of the popular vote. he won 26 states to romney's 24 states. we'll see time after time very, very close elections. we need to rethink the negotiations of mandates and say this person won the presidency. they need to go forward with that agenda. >> what about the republicans? are they going to do a big rethink here? >> yes, and more than one. it was interesting that the republican governors happened to be meeting this week in las vegas when this news about the interesting comments that romney made to his donors that we just saw and the republican governors, bobby jindal of louisiana did not miss five seconds before they really denounced what romney was saying. the republicans have a lot of things to think about, not of which is their growing problem with hispanic voters. that is the big growing group in this country.
it wasn't terribly long ago that ronald reagan won 49 states. that's a mandate. it's unthinkable that any candidate can win anywhere close to that. obama won a pretty impressive victory even without a serious third party candidate, he did not get 51% of the popular vote. he won 26 states to romney's 24 states. we'll see time after time very, very close elections. we need to rethink the negotiations of mandates and say this person won the presidency. they need to go forward with that agenda....
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Nov 12, 2012
11/12
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the republican party may talk about ronald reagan but they haven't embraced ronald reagan. america and ronal reagan, my father's vision of america is still there, what we are missing is ronald reagan. shannon: where are republicans missing the mark? >> my father was so inclusive in everything he did. he never smoke down to people. he spoke with people. he was somebody who was inclusive. i talked about it before on this show with the hispanic communities and females. this is as man who found areas of agreement and moved the ball forward. he didn't look for areas of disagreement and not most ball at all. i think the republican party can do well to learn from ronald reagan. i think it only place where you find people fighting for education, fighting for the grassroots of america really is at fox or talk radio. but you do not see it in the party leaders anymore. they are so busy paying attention to consultants they forgot the people of this country. we need to get back to actually representing the people, not representing the consultants. shannon: you talk about the fact that y
the republican party may talk about ronald reagan but they haven't embraced ronald reagan. america and ronal reagan, my father's vision of america is still there, what we are missing is ronald reagan. shannon: where are republicans missing the mark? >> my father was so inclusive in everything he did. he never smoke down to people. he spoke with people. he was somebody who was inclusive. i talked about it before on this show with the hispanic communities and females. this is as man who...
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Nov 14, 2012
11/12
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they're serious about loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than when he came in. we will have more after this. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate dude what? no, no, no. he's, he's on back about providing for his little girl. hey don't worry. e-trade's got a killer investing shboard. everything is on one page, your investments, quotes, research... it's like the buffet last night. whatever helps you understand man. i'm watching you. oh yeah? well i'm watchg you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. neil: did you take a look at caterpillar stock today? jpmorgan downgraded, cut the price target was widely considered a global economic
they're serious about loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than when he came in. we will have more after this. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. why? i thought...
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Nov 14, 2012
11/12
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they're seriousbout loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than ♪ [ enge revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no mter which list you're on. [ santa ho, ho, ho ho! [ male announcer ] lease a 2013 c250 for $349 a montnth at your local mercedes-benz dealer. at your local ♪ you can help othersink along the way. ♪ ♪ a portion of every bottle th they sell goes to fight ♪ ♪ breast nc and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪o make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bott of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increes ] man: a few ihes of water caused all this? [ heart rate increases ] woman #2: but i don't even live near
they're seriousbout loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than ♪ [ enge revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no mter which list you're on. [ santa ho, ho, ho ho! [ male announcer ] lease a 2013 c250 for $349 a montnth at your local mercedes-benz dealer. at your local ♪ you can help...
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Nov 14, 2012
11/12
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and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't have to have an increased. >> absolutely. >> very good, very helpful, a good history lesson there. let me do some housekeeping. when we finished tonight, we are going right outside the store for cocktails, chocolates, and cheese. tomorrow morning, breakfast is probably at 7:00 a.m. the program begins at 745. so you need to be in this room at 745 tomorrow morning. most important times tomorrow, if you're thinking about your schedule. another we lose some of you occasionally during the day, the task force starts at 10:15 a.m. we need everyone in this task forces because that's where the core work o
and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't...
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Nov 12, 2012
11/12
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if she ran and were elected in 2016 she would be younger than ronald reagan was when he became president. >> as appealing as jeb bush would be as a candidate, i think hillary has an advantage here because so many women, republicans as well, would love to vote for hillary clinton, put her as the first lady in the white house. >> i spent the last year in an election and refused to answer that question. [laughter] >> hillary clinton made a lot of friends as secretary of state. some of them were republicans, not traditional fans of clinton. jeb bush is a very likable candidate. but i'd guess that hillary is really -- she works hard at this nomination, she can unify the party big-time and i bet she'll have obama supporting her. chris: and especially if the economy is good the next four years. thanks for the great round table. that's the show. thanks for watching and don't forget that the victims of hurricane sandy are really hurting right now. especially after that new york, new jersey area. these tragedies hurting real families like yours. give them a lift. go to the red cross website. we'll
if she ran and were elected in 2016 she would be younger than ronald reagan was when he became president. >> as appealing as jeb bush would be as a candidate, i think hillary has an advantage here because so many women, republicans as well, would love to vote for hillary clinton, put her as the first lady in the white house. >> i spent the last year in an election and refused to answer that question. [laughter] >> hillary clinton made a lot of friends as secretary of state....
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Nov 14, 2012
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years later, ronald reagan was elected governor of california. four years later, richard nixon was president. they have something the democrats did not have. they have a great post-boomer generation and trade when you think of them, -- a generation. when you think of them, that is a pretty good bench of energetic, slick, youngish politicians. when you are talking about the democratic party you are talking about joe biden and hillary clinton. we might prefer them to the republican contenders but that is a different generation. there is not this deep democratic bench. >> mr. obama has won a second term. what is your sense of the kind of legacy that he wants to leave in the second term. is he going to be more progressive. toss me about obama's future right quick. >> -- tell me about obama's feature right quick. >> he wants to have a very free pass toward enactment. he would like to fix the fiscal stuff that is on the table even as we speak. i want to believe but i do not have any reason to believe that he would want part of his legacy to deal with t
years later, ronald reagan was elected governor of california. four years later, richard nixon was president. they have something the democrats did not have. they have a great post-boomer generation and trade when you think of them, -- a generation. when you think of them, that is a pretty good bench of energetic, slick, youngish politicians. when you are talking about the democratic party you are talking about joe biden and hillary clinton. we might prefer them to the republican contenders but...
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Nov 17, 2012
11/12
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ronald reagan made his progress with the soviets in the second term. bill clinton almost got a middle east peace deal in the second term. so i do think there's a sense when you look abroad the president has more opportunities to leave a mark. >> john do you think, those that the scandal involving cia director former cia director david petraeus could derail the efforts he's trying to get going here? >> this one won't derail it but it's a very good example of the kind of thing that tends to turn up for season in more in a second term. you know iran-contra for president reagan rather famously president clinton's impeachment was in the second term. so it may not be this one, but, you know there is kind of a coincidence that time consuming scandals do pop up in those last four years. >> it's interesting you bring up legacy. one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> t
ronald reagan made his progress with the soviets in the second term. bill clinton almost got a middle east peace deal in the second term. so i do think there's a sense when you look abroad the president has more opportunities to leave a mark. >> john do you think, those that the scandal involving cia director former cia director david petraeus could derail the efforts he's trying to get going here? >> this one won't derail it but it's a very good example of the kind of thing that...
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Nov 13, 2012
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but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue to fund the minimum, i i effective governmet that does interfere with growth of private sector, to to so in such a way as to encourage the maximum growth of the private sector is where you get maximum revenue. neil: we're at this cliff, possibility, republicans are under pressure, president said, i'm not budging, -- he left open some details, but he certainly want toss raise taxes on the rich. i guess they can decide whether they will resurrect old rate or closing loophole, how would you feel if they closed loopholes, and cr
but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple...
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Nov 15, 2012
11/12
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ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue, why don't we go through spending? and i'm not -- yes, entitlement reform, but also there's a lot of inefficient and duplicative and whole agencies we don't need. before you talk about revenues, one nickel of rev few, why don't we have the conversation on spending? >> i don't know, larry. it's a tremendous frustration. we've seen this for a long, long time, both parties. we really do need a thorough scrub. and they've done it before. they come up with lots of program cancellations. and they never get through congress. we certainly need enti
ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue,...
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Nov 17, 2012
11/12
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you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a coalition of labor and liberals saying no way. >> so, in the nitty-gritty before we get to entitlements. what if -- would it be better if we increase taxes on a larger group of people everybody making over 250,000 by a smaller amount or increasing taxes on a smaller group making more than a million and go up to 39.6%. what is more likely to happen? >> it's more likely to be the former than the latter. i must tell you jennifer, i don't much care, you have to get that revenue target. the president said 1.6 trillion. you probably end up compromising at 1.2 trillion from taxes. you have to figure out what yo
you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a...
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look ever since ronald reagan in one thousand eighty s said that he could balance a budget increase military spending and cut taxes there's been this position that we can have puppies and rainbows for everyone it simply isn't possible i think everyone in washington knows that but at the same time they're trying to promise everything to everyone they are politicians i do want to push back a little bit when he said to the rich i only want their money i tell you something very interesting not only to seventy percent of americans want to raise taxes on millionaires but fifty five percent of millionaires believe their own taxes should be raised so even the rich recognize that they're doing too well it's interesting the republican party is what protective millionaires then the majority of millionaires themselves what do you think about that because i say this just bleed the rich but you know what i was far away thing when the neighbors go ahead anthony go ahead we have a time delay here it's ok anthony go ahead to. so the thing with those numbers mark when you when the polls that you're citing tha
look ever since ronald reagan in one thousand eighty s said that he could balance a budget increase military spending and cut taxes there's been this position that we can have puppies and rainbows for everyone it simply isn't possible i think everyone in washington knows that but at the same time they're trying to promise everything to everyone they are politicians i do want to push back a little bit when he said to the rich i only want their money i tell you something very interesting not only...
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Nov 12, 2012
11/12
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ronald reagan won a lowly landslide with no mandate in 1984. wasn't morning in america? there was a bear in the woods. walter mondale -- and he won 49 states. that is when tax reform became the centerpiece of his administration. >> ok, let's dig into the election. >> whether i have earned your vote or not, i have listened to you, i have learned from you, and you have made me a better president. >> at a time like this, we cannot risk partisan bickering. our leaders have to reach across the aisle to do the citizens work. >> an extremely gracious concession speech by gov. romney. romney lost the state where he was governor, the state where he votes, mass., some pundits have egg all over their faces. what made the difference with this, mark? >> when you run a good campaign, give credit to the campaign. there was an enormous effort. people disparaged the ground game. it was super. is surpassed anything we had seen before. and the president voiced that campaign. at the same time, in a year when americans were furious at pennsylvania avenue and wall street, the republicans chos
ronald reagan won a lowly landslide with no mandate in 1984. wasn't morning in america? there was a bear in the woods. walter mondale -- and he won 49 states. that is when tax reform became the centerpiece of his administration. >> ok, let's dig into the election. >> whether i have earned your vote or not, i have listened to you, i have learned from you, and you have made me a better president. >> at a time like this, we cannot risk partisan bickering. our leaders have to...
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Nov 12, 2012
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democrat just lost two elections in a row to ronald reagan. what did we do? we nominated michael dukakis who is a fine man but a liberal from massachusetts. it took three beatings for to us realize you have to make common cause of moderates. that is the internal struggle the republican have to go through. true to principle on fiscal issues but if they embrace the far right social agenda it drives off the young people and alienate single women and suburban women and you see it in the numbers. >> senator, in your state of indiana -- >> can i say one last thing? if i could just get -- if i could say one last thing. please continue to nominate people for public office talking about women being rap rapeed. >> won by only five points such a bad year. republicans should not kid themselves. republican lost 25 of 33 senate seats. republicans gained back the seats easy to gain back when no other new state at the presidential level. obama had a tough economy, glow gone from the first term, and all of that. republicans lost the national household by half a million votes.
democrat just lost two elections in a row to ronald reagan. what did we do? we nominated michael dukakis who is a fine man but a liberal from massachusetts. it took three beatings for to us realize you have to make common cause of moderates. that is the internal struggle the republican have to go through. true to principle on fiscal issues but if they embrace the far right social agenda it drives off the young people and alienate single women and suburban women and you see it in the numbers....
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Nov 15, 2012
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ronald reagan said 80% is better than none at all. melissa: i'm melissa francis and here's what's "money" tonight. president obama goes for broke, calling for $1.6 trillion, in new tax revenues. probably not what businesses want to hear. will this doubling down derail a deal on the fiscal cliff? >> plus a salary that is as good as go. one montana lawmaker is demanding to get paid in gold coins. he is here to explain why in a fox business exclusive. >>> screw market prices. one gas station charges $3 more. $3 more per gallon than his nearby competitors. and it is is making a killing. the strategy is far more widespread than you might think. we have details on that coming up. even when they say it's not, it is always about money. melissa: all right. first the day's market headlines. a bad day for stocks just keeps getting worse. a news conference by president obama only amplified fears about the fiscal cliff and down to a 4-month low down 185 points. banks of america led the slide, closing down more than 3 1/2%. one bright spot, cisco s
ronald reagan said 80% is better than none at all. melissa: i'm melissa francis and here's what's "money" tonight. president obama goes for broke, calling for $1.6 trillion, in new tax revenues. probably not what businesses want to hear. will this doubling down derail a deal on the fiscal cliff? >> plus a salary that is as good as go. one montana lawmaker is demanding to get paid in gold coins. he is here to explain why in a fox business exclusive. >>> screw market...
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Nov 13, 2012
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FBC
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[talking over each other] a big part of it was ronald reagan's in the reform act of 1886 that, you know, increased reductions and what have you. when i got out of school, probably before both of you were born, it was in the middle 20s. and the direction we are going, guys, it will be in the mid- 50s. in the argument of so-called fairness, we are telling, you know, the top few% that pay 43% of all taxes, it is only fair you pay more. i hope it will be a very welcome outcome. connell: largely, i am sure, it is 2% versus 98% when you pull it. it is very popular, the idea of raising taxes on the rich. they favor extending the bush tax cuts except for the wealthy. neil: you assume that the rich guy pay for it. what i would not do at that table, i would not -- about the appetizer. then, what happens is we penalize those who provide -- believe me, i am not one of these, by the way, nothing wrong with that. i just think it is a disjointed argument. one thing romney did get right, although he maybe did not articulate as well as he should have, it is about everyone having a stake in the action. e
[talking over each other] a big part of it was ronald reagan's in the reform act of 1886 that, you know, increased reductions and what have you. when i got out of school, probably before both of you were born, it was in the middle 20s. and the direction we are going, guys, it will be in the mid- 50s. in the argument of so-called fairness, we are telling, you know, the top few% that pay 43% of all taxes, it is only fair you pay more. i hope it will be a very welcome outcome. connell: largely, i...
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Nov 14, 2012
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
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Nov 18, 2012
11/12
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we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth, ultimately it will lead to more growth. >> but if the president insists and says as he did last friday that this was fought over in the campaign and we fought over rising tax rates the white house tax secretary said the president would veto every bill that extends the current tax rate. if he insists that they go up, what would your recommendation be? >> having looked in two -- having worked in two white houses, first you want a president that can veto the -- the fiscal secretary, first of all. first of all, it was a bit behind the curve. it
we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth,...
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Nov 14, 2012
11/12
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reagan, the outsourcing of our jobs. there are a lot of people trying to live and $10 an hour while they are getting social security, medicare, taking out of their money, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving around the chairs on the titanic, but what really needs to be done is we need to repeal the trade agreement, look at taxing goods from china, and we need to get jobs back into this country, manufacturing jobs with wages people can live on and pressure for wages to go up. right now, the pressure is for wages to go down. you are fighting over what is less of the money coming in. host: let's go to the congressman. guest: this is an important issue that was fought over in the campaign. we need to support manufacturing in this country. i com
reagan, the outsourcing of our jobs. there are a lot of people trying to live and $10 an hour while they are getting social security, medicare, taking out of their money, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving...
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Nov 15, 2012
11/12
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he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine wi
he went in there with one goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you...